Why Alamo is the Worst Rental Car Company
Over Thanksgiving my husband and I had the worst experience renting a car. The laundry list of complaints began long before we ever rented the car. In the end all I wanted was my money back. I just had to figure out how to get it back.
First of all we booked the reservation for the car over the internet. A few days prior to our reservation, we come to find out that we have to pay with an American Express card. This posed a problem since neither of us had this type of credit card. So, we changed the reservation to a corporate reservation under my husbands company, which caused for an increase in price. This dilemma was nothing compared to what we would encounter from midnight to 2:00 a.m. at the actual rental counter.
Initially, my husband wanted to pay with cash. That particular location would not take cash. We then attempted to use his Discover card. It wouldn't work because Discover was updating their records.
Also, our reservation was made under my husbands corporate account which requires a business card to be presented at the time of rental. At first they would not accept his business car because it was bade of paper, and according to Alamo it was too easy to make. We didn't have a plastic business card that they required. We were never informed of the rules on what type of business card needed to be presented.
Then we tried to pay with my credit card. We were unsuccessful because the car has to be in the person's name that is paying for it. We then attempted to put the car in my name, if we did this we not only would lose the corporate discount but we would also be charged an extra $25.00 per day because I wasn't 25 years old.
At this point we had a few options. We could go to another location and pay cash for the car and lose the corporate discount.
When doing an evaluation of any case, you should always look at all the relevant facts and issues involved before jumping to conclusions. As for this case, Mike Thurmond, the operator of Top Quality Auto Sales, a used car dealership, has financed his dealerships inventory of vehicles by creating a financing arrangement with Indianapolis Car Exchange (ICE). ICE then filed a financing statement that listed Top Quality’s inventory as collateral for the financing. After this, Top Quality sold a Ford truck to Bonnie Chrisman, who was also a used car dealer. Chrisman paid Top Quality for the truck and then proceeded to sell it Randall and Christina Alderson, who paid Chrisman for the vehicle. In
Another misleading portion of car commercials is the financial explanation is: “$49 down or $0 down with no interest for 6 months” (Spitzer, 2003). Sounds great doesn’t it? Well, this is where many college students are tricked because they never tell you about the tax, title, and registration fees that are included at the time of your purchase.
A Michigan automobile finance company finance consumer purchases of automobiles from its affiliated dealers. Their contract stated: If a customer purchased a car from one of the dealerships, and needed financing to pay for the car, the dealer would refer the customer to the finance company. If the company did finance the purchase, a retail installment contract was entered into between the consumer and the finance company. The finance company would then pay the car dealer the full purchase price of the car, including sales tax. Under Michigan General Sales Tax Law, the car dealer would then pay over the sales tax to the State of Michigan for the purchase. There were some instances when the customer defaulted and the finance company assumed full risk of the collecting the purchase price and sales tax from the consumer. If the finance company was unable to collect, they looked to the State of Michigan Sales Tax department for a refund for the sales tax paid to the dealers. Under the Michigan General Sales Tax Law, does the State of Michigan owe the finance company a refund?
"Economic Analysis of the Car Allowance Rebate System." White House. White House, n.d. Web. 16 Mar. 2014. .
o The remaining $125,000 up front charge would not be owed until ICEDELIGHTS provided one acceptable location and the lease was signed
This allows sellers to sell their used vehicles hassle free and CarMax to get “first dibs” on used cars that might otherwise be lost to them in the private party market.
However, this calculation is incomplete because the company needs to take on debt to finance the purchase of the car. These payments add an additional expense and cash outflow but purchasing still remains a more attractive option. The cost of the lease is still greater than the cost of debt.
...er reading this case and researching the plant location selection of process that Mercedes-Benz undertook, I am completely against this type of “race to the bottom” type business practice.
and get the card in your name with no intention of making payments. Credit card
When it comes to convenience credit outweighs cash. It’s always easier just to pull out a card and swipe rather than pull out cash and should give exact change. Swiping a credit card is also less time consuming which can be convenient when running low on time. Credit also lets you keep track of your transactions, that way you know where your money is going. I know personally that keeping track of my
I pay my balance in full at the end of every month and benefit from the different cash back rewards programs offered by the banks. My paycheck and even financial aid money is deposited to my bank account electronically. Using the mobile apps to look and manage your money on the go makes it really convenient. Although most of my transactions are done online I still do keep some money at home and in my wallet. There are always places that I go to that do not take credits cards.
Company policy requires the cash to be received before or after rendering a service. Due to some business reasons, the management has been extending credit to clients contrary to the guidelines.
during these operations. One can still charge his or her account without having an electronic card, using the bank
He said he just need a tune up and some work done on the carburetor. It was a little older car, but it too, like my Camaro, was very nice. He was a busy man and asked if I would pick it up directly from his house and bring it to my father’s shop for him. I complied with his request and set off for his house. Once I got there, I climbed into his car and tried to start it. It didn’t start, and was making some weird noises. I got out of the car and began going through a checklist on why it wouldn’t start. The car had enough gas, and the battery was at full charge. I decided to check the oil. I opened the hood and pulled the oil dipstick out of the tube. I just about passed out. The car was out of oil! I just ruined this mans car. I committed this mistake, which means I was responsible to fix it. I called the owner of the car and told him what happened. He was not happy to say the least. He used some very harsh and inappropriate words, and I promised him that I would fix his car within the next week. Now fixing a car that has been run out of oil is a very time consuming and costly task, so I was a slight bit
About a month later, my dad bought another old Honda in beautiful condition, and about a month after that I bought a ...